Finance Committee — 4/5/2017 Page 6
UNFINISHED BUSINESS — None
NEW BUSINESS — None
RECORD OF EXPENDITURES
MOTION BY ALDERMAN SIEGEL THAT THE FINANCE COMMITTEE HAS COMPLIED WITH THE CITY
CHARTER AND ORDINANCES PERTAINING TO THE RECORD OF EXPENDITURES FOR THE PERIOD
MARCH 10, 2017 TO MARCH 30, 2017
MOTION CARRIED
PUBLIC COMMENT - None
GENERAL DISCUSSION
Alderman Wilshire
The parking revenue downtown, what is the decline in that fund since Alec left? Do we know what impact that
might have had, if any?
Mayor Donchess
| can get a specific answer. My sense is that it hasn't really had that much effect.
Alderman Clemons
Last year it was actually up quite a bit from the previous year. This year it is going to be up from last year too
because the parking garages are leased completely at 100 percent. That’s because BAE leased those spaces
at least until June. It looks like that is probably going to continue. | think our revenues for last year were pretty
consistent with where they were previous years. There was a gift for that one-time and then this year | think
they are going to go up.
Alderman Siegel
| would suspect that Alec’s is second order effect at best in downtown. The weather probably has a huge
impact also. If it doesn’t snow, we’re in good shape.
ADJOURNMENT
MOTION BY ALDERMAN WILSHIRE TO ADJOURN
MOTION CARRIED
The Finance Committee meeting was adjourned at 7:22 p.m.
Alderman Ken Siegel
Committee Clerk
